China Offers Trump a Trade Peace Deal. It May Not Be Enough.

Jake Parker, vice president for China operations at the US-China Business Council, an American business group, said that “it’s positive that China is taking steps proactively.” But he also said that China had yet to completely fulfill its promises on issues ranging from opening up its market to 
credit-rating agencies and American banks to accepting credit card companies’ efforts since 2001 to offer full, nationwide service. “Are more statements going to be enough to move the needle for President Trump?” Mr. Parker asked. “I think it would have to be a lot more robust than another policy. I don’t think this meets that bar.”